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1318 N Ocean Dr, Hollywood, FL – $8,500,000

  • $8.5M Price
  • .95 Acres
  • 129 DOM
  • $8.5M Price
  • .95 Acres
  • 129 DOM

1318 N Ocean Dr

600' on the Intracoastal across from Bulkhead in Hollywood South Central Beach (voted #4 best beach in USA by Traveler's choice, Trip Advisor). Measurements are provided by seller. Survey available. Currently there are state funds to assess if cleanup from 1994 is still needed, current monitoring sells on site. No cost to owner. Seawalls in Hollywood need to be raised 12-18" to adjust for localized flooding. Majority of City Hollywood Beach CRA improvements have been completed including street widening, customized sidewalks, underground utilities, etc. Parallel dockage for owner possible. Property transfers as is. Owner financing is an option. Currently parking lot leased. 2024 NOI $225k approx. $86K gross from 3 rentals. Boat dock income not included.

Essential Information

  • MLS® #A11726423
  • Price$8,500,000
  • Bathrooms0.00
  • Acres0.95
  • TypeLand / Boat Docks
  • Sub-TypeBoat Slip
  • StatusActive

Community Information

  • Address1318 N Ocean Dr
  • Area3010
  • SubdivisionHOLLYWOOD BEACH FIRST ADD
  • CityHollywood
  • CountyBroward
  • StateFL
  • Zip Code33019-3313

Amenities

  • Is WaterfrontYes

Utilities

Electricity Available, Other, Sewer Available, Trash Collection, Water Available

Waterfront

Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall

Exterior

  • WindowsImpact Glass

Additional Information

  • Listing Courtesy ofIncome Properties South
  • Date ListedJanuary 17th, 2025
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